Energy security and availability is a prerequisite for the continuing well-being and advancement of contemporary society. As traditional oil and gas energy resources decline and environmental awareness broadens, it is certain that the world’s future energy needs will increasingly come from renewable and environmentally-friendly resources.

One of the most readily available and potentially powerful renewable energy sources, wave energy from the world’s seas and oceans, offers a highly promising solution to our need for sustainable energy at low cost. Harnessing even a small portion of the combined wave power of the world oceans could increase electricity production by a value comparable to the power output of all the electric power plants operating on Earth. And such an increase in generated power would take place without ecological disturbance or environmental pollution.

Similarly, hydrogen is an ecologically pure fuel with the greatest specific heat created during combustion. Hydrogen is an economical and environmentally sustainable energy source that can substitute for any kind of fossil fuel. Among other procedures being employed for the hydrogen production one should distinguish the electrolysis that has been widely used. One of the most promising procedures for hydrogen production is via seawater electrolysis. Seawater is the most wide spread, cleanest and natural electrolyte with resources available amounting to 97% of the entire Earth’s water resources. This enable the production of hydrogen by sea water electrolysis is commercial attractive.

The Applied Technologies Company, Ltd (ATC)is involved in the development of the concept of ecologically safe power-industrial systems. The ATC is developing an unique offshore Float Wave Energy Electric Power Station as an efficient means for sea wave energy conversion which would be applicable in different geographical areas and sea conditions. The ATC is also engaged in the development of technology for the production of hydrogen using seawater electrolysis.